Yesterday marked a notable day for ETFs as Seven Solana ETF applicants filed S-1 statements with the Securities and Exchange Commission (SEC). But James Seyffart, a Bloomberg ETF analyst, asserts that he doubts approval will come as soon as next week. Seyffart posted on X on June 13, mentioning that
June 14, 2025 2 mins read
Two prominent companies, Walmart and Amazon, are planning to issue their own US dollar-backed stablecoins for customers, indicating broader institutional stablecoin adoption with more regulatory clarity in the US. Both firms are considering the development of brand-specific stablecoins, as revealed by people close to the matter and reported in the
June 13, 2025 2 mins read
Solsniper, an analytics and trading tool on Solana, announced on June 13 that it is closing its 3.5 years of operation. Also, delisting NFTs and eliminating bids. The platform shut down today at 12 PM PST, as revealed through an X post. The NFT team mentioned that we will be
June 13, 2025 2 mins read
Pudgy Penguins (PENGU) has recently publicized that it is going to have a collaboration with Lufthansa’s Miles and More, the frequent flyer program owned and operated by the Lufthansa Group. The Group also offers a new utility to its The Huddle, the Pudgy Penguins community. The partnership allows users to
June 13, 2025 2 mins read
Following Israel’s airstrikes against targets in Iran, the price of Bitcoin fell nearly 4% from $108,500 to $103,500, as per the data from CoinMarketCap. Israel revealed that the strikes were targeted at Iranian military infrastructure near Tehran and Tabriz. The country described it as a preemptive response to increasing threats.
June 13, 2025 2 mins read
Binance will now offer Syrian nationals to trade in cryptocurrencies following the easing of the United States and European Union sanctions last month. The natives of Syria can now leverage the platform to trade assets such as Bitcoin, as per the firm’s announcement on June 12. The decision of the
June 12, 2025 2 mins read
Alchemy Pay, a crypto payments provider, is spreading its wings into real-world assets through a new collaboration with a tokenization company, Backed, the firm revealed on June 12. The payments provider has planned to introduce 55 tokenized US exchange-traded funds (ETFs) and stocks on its RWA platform through the collaboration
June 12, 2025 2 mins read
An Australian financial adviser has been accused of stealing $9.6 million from clients to invest in a crypto scam, resulting in a ten-year ban. On June 11, the Australian Securities and Investments Commission informed about the scam through a statement mentioning that the accused, Glenda Maree Rogan, had shifted funds
June 12, 2025 2 mins read
The Securities and Exchange Commission of the US has barred DeFi Development Corp’s $1 billion registration filing. The firm wanted to use the capital to invest in the Solana blockchain. The regulatory body found that the filing was not eligible because a necessary internal controls report in the Form 10-K
June 12, 2025 2 mins read
Following the agreement to restore a truce between the US and Chinese officials, the crypto market saw a rise. The agreement was made after discussions in London in the last two days. Both countries finally agreed to enter the Pre-Liberation status quo. After this deal, the price of Bitcoin once
June 11, 2025 2 mins read
